Tech hubs see falling rent as coronavirus pandemic drags on
San Francisco, Seattle and other big cities saw rents drop in October as people sought more space amid ongoing COVID-19 chaos
by Jim Dalrymple II Nov 13
Home prices rise in opportunity zones, but lag behind nationwide gains
A report by Attom Data Solutions reveals that opportunity zones experienced a strong quarter, but gains still fell below the pace of broader metro areas across the US
by Lillian Dickerson Nov 11
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Americans head to the polls as real estate industry holds breath
Voters have to choose between President Trump and Joe Biden as concerns about unprecedented voter intimidation, fraud and violence swirl around the country. Real estate agents like Ellen Sykes of Warburg Realty volunteered at voting centers across the US
by Jim Dalrymple II Nov 3
Affordability trumps wildfire risk for homeowners on West Coast
According to Redfin's latest study, homebuyers are choosing affordable areas with higher wildfire risk as demand and home prices heat up in low-risk areas
by Marian McPherson Oct 19
John L. Scott Real Estate launches zavvie-powered iBuyer in Portland
John L. Scott Real Estate, a brokerage with over 110 offices and 3,000 brokers across 4 states, has teamed with end-to-end iBuyer platform zavvie to create Instant Purchase Plus+
by Lillian Dickerson Oct 16
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
In a positive sign, number of equity-rich properties continues to rise
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions
'Where there’s chaos, there’s opportunity': Agents say pandemic will change real estate
During an Inman Town Hall Thursday a panel of industry professionals said the coronavirus pandemic has created challenges, but that deals are still happening
by Jim Dalrymple II Jul 16
Summer outlook: Real estate leaders upbeat about the coming months
Leaders of both large and small firms envision an active summer selling season. Low inventory and a potential return of the coronavirus, however, remain points of concern
by Jim Dalrymple II Jun 24
Expensive U.S. cities see rents fall amid coronavirus pandemic
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II Jun 1
26% of all mortgaged homes were equity-rich in first quarter
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report
US market data suggests a checkmark-shaped real estate recovery
Opinion
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery
by Mike DelPrete Apr 21
Several US markets see uptick in new listing volume
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
by Mike DelPrete Apr 15
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15